Continuing to prove its doubters – including many short-sellers – wrong, Crocs Inc. reported fourth quarter earnings that easily beat prior projections, and hiked its fiscal 2007 revenue and earnings growth targets to more than 45% over fiscal year 2006.
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Pacific Sunwear Breaks Down Business at Roth OC Conference…
At the Roth OC Conference, Pacific Sunwear gave a little more insight into their business than they typically have in the past. The company said that at PacSun, the business splits 57/43 between guys and girls, but that they hope to get the girls side up
SOS Expands Media Team…
The SportsOneSource Group has expanded its Media Services Group team, adding one additional full-time editor and a west coast ad sales manager. Tom Ryan, who had been an editor with SGB and ran the Outdoor Business online venture for VNU, has joined the c
Cabela’s Delivers Robust Fourth Quarter Results…
Driven by a strong performance at its retail stores, Cabela's Inc. reported fourth-quarter earnings rose 26%. The outdoor retailer also announced plans to open eight stores in 2007. In the quarter ended December 31, revenue grew 16% to $781 million f
Volcom Sees Q4 Sales Increases in All Segments…
Volcom, Inc. ended the year on a high note as sales increased in each of its product categories, in each of its geographic breakdowns, and in both customers large and small. Overall, fourth quarter revenues increased 37.2% to $56.6 million, from $41.2 mil
Billabong Sees Strong Growth in the Americas…
Billabong International Limited reported a 26.1% rise in sales revenue to AUD$610.7 million ($466.3 mm) from AUD$484.3 million ($364.3 mm) previously. Currency-neutral, sales increased 26.8% for the half.
Sales revenue in the Americas increased 31.2% to A
Pacific Brands’ Slow Outdoor Sales Offset H1 Footwear Gains…
Thanks to strong gains in its Homegoods and Footwear groups, Pacific Brands Limited was able to post increases on both the top and bottom line for the first half of fiscal 2007. However, decreases in both sales and EBIT in the Outerwear & Sport division o
ORWM: Footwear Brands Push Ahead with Green RandD…
For years, footwear companies were regarded by environmentalists as notorious for environmental abuses. According to a study conducted by adidas, the average pair of shoes with leather uppers produced in 2005 used nearly three kilowatt/hours of energy, 57
Telemark Companies Choose Sides
Garmont is seeing their business diversify this year, as more specialty ski shops take on telemark and alpine touring brands. As a result, the SIA show cycle is getting more important to the company. Also because of this, they are beginning to see more in
Axcent Forms EU Subsidiary for Descente Athletic…
Axcent Sports has held the license to sell and design Descente apparel for the bike and run market in North America, Europe and Australia since 2002. Most of the company’s European business has been done through third-party distributors, but the company,
American Skiing Co. to Focus on Utah and Maine Resorts…
American Skiing Company has been selling off several of its resort holdings over the past three months. Just last week, the resort holding company announced plans to sell Mount Snow and Attitash resorts for $73.5 million, and in December announced a deal
Thule Targets €1 Billion by 2009…
Thule finished off the 2006 fiscal year with double digit organic-growth and several acquisitions under its belt to boost the top line by nearly a third. The integration of these acquisitions did have a slight impact on profits, which did not keep pace wi
NEOS Sold to Norcross Safety Products…
Norcross Safety Products recently announced a deal to acquire NEOS Overshoes. The deal closed in September 2006, but no details were released until recently. Norcross will be moving NEOS into its Rock Island, IL headquarters. Scott Hardy, founder of Willi
Mizuno Names Custom Fitters of the Year
Mizuno named 16 of its retail partners as Club Fitters of the year. The recipients were evenly split with 8 winners Green Grass shops and 8 Off-Course retailers…
Billabong Sales Jump 31% in Americas
Billabong International Limited reported a 26.1% jump in sales revenues to AUD$610.7 million ($466.3 mm) from AUD$484.3 million ($364.3 mm)previously. Net profit increased 14.3% to AUD$90.7 million ($69.3 mm) for the first half. Sales revenue in the Ameri
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